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125 Ximeno Ave | Long Beach CA | 7269530253

Brett Lyon

This listing was posted on RealtyWW.

$7,090,000

Home For Sale In Long Beach, California

Price:
$7,090,000
BR/BA:
10+ BR, 10+ BA
Location:
125 Ximeno Ave, Long Beach, CA
Description:

Nestled in the heart of Belmont Shore, 125 Ximeno Ave stands as a rare opportunity for an investor looking to add a trophy asset to their portfolio. This legacy 18-unit apartment building offers a diverse mix of (2) 2-bed/1-bath units, (12) 1-bed/1-bath units, and (4) studio units, totaling 9, 708 square feet on an expansive 9, 462 square foot lot. Boasting a shared heated pool and courtyard area, this property combines comfort and convenience for its residents. With a solid 4.07% CAP rate and a price tag of $393K per unit, the investment potential is undeniable. Positioned less than 2 blocks from the beach and within easy reach of premier retail and dining destinations along 2nd Street, 125 Ximeno Ave enjoys a prime location in Long Beach. Whether you're seeking steady returns or looking to capitalize on the area's growth, this property represents a compelling opportunity in an A+ location.For more details: https://realtyww.info/homes_long-beach-d523493/for-sale_i71847280
Property Type:
Single-Family Houses
Sq feet:
708 sq. ft.
Amenities:
Pool
Posted:
May 15 on RealtyWW
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More About this Listing: Home For Sale In Long Beach, California
Home For Sale In Long Beach, California is a 10+ BR 10 Bathroom, 10+ BA, 14 Bathroom Single-Family Homes for Sale at 125 Ximeno Ave in Long Beach CA. Find other listings like Home For Sale In Long Beach, California and listings near 125 Ximeno Ave by searching Oodle Classifieds for 10+ BR 10 Bathroom, 10+ BA, 14 Bathroom Single-Family Homes for Sale in Long Beach CA.